Thursday, March 07, 2002

BOSTON, MA - March 7, 2002 - Aberdeen Group, a leading provider of technology market consulting and research, states that the Business Process Management (BPM) and the integration software market will represent a $16.7 billion market opportunity by 2005. Addressing this growing market is the new Aberdeen Market Viewpoint, Business Process Management: an Emerging Category of Software. This Aberdeen Market Viewpoint sizes the BPM segment of this market, describes the business value derived from deploying BPM solutions, differentiates this technology category from other integration segments, and presents the market forces that are driving the adoption of BPM across specific vertical segments. Suppliers and the vertical segments they target are also presented.

Research Practice Director Darcy Fowkes says, "This category of software may arguably provide the greatest return on investment compared to any other category of software available on the market today. BPM gives organizations the ability to cut operational costs at a time when the economic downturn makes it increasingly difficult to boost revenues. BPM defines, enables, and manages the exchange of enterprise information through the semantics of a business process view that incorporates employees, customers, partners, applications, and databases."

Tuesday, March 05, 2002

What's exciting is that BPM tools used by business systems analysts will be integrated with those used by application developers. Business analysts will be able to leverage the work of application developers to integrate applications by linking components of software. But most IT organizations are completely unprepared. IT organizations have blurred data and business process logic to the point where they can't tell where one begins and the other ends. That's why, in the short term, the best thing to do is hire people who have studied ontology, which Webster's defines as "a branch of metaphysics concerned with the nature and relationships of being."